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South Korean workers return home to cheers a week after US immigration raid
Presidential chief of staff says raid affected 'innocent people of Korea'New visa category for South Koreans under discussion after raidSouth Korean President has warned firms may be hesitant to invest in USBy Joyce Lee, Jihoon Lee and Hyunjoo Jin INCHEON, South Korea, Sept 12 (Reuters) -...Reuters
3 hours ago
TREASURIES-Yields rise as bond market consolidates for Fed cut
10-year yield pares rise after University of Michigan sentiment dataYield curve steepens a bitMarket consolidates ahead of expected 25 bp Fed easing By Alden Bentley NEW YORK, Sept 12 (Reuters) - U.S. Treasury yields rose in subdued Trade on Friday, with the 10-year's moving up from a brush a...Reuters
6 hours ago
Fed faces test on liquidity management on September market challenges
September liquidity events test Fed's quantitative tightening effortsFed's reverse repo facility usage drops significantlyStanding Repo Facility's effectiveness remains uncertain amid potential demand spikeBy Michael S. Derby Sept 12 (Reuters) - The remainder of September could prove ...Reuters
6 hours ago
Fed hawks and doves: what US central bankers are saying
By Ann Saphir Sept 12 (Reuters) - The Federal Reserve is expected to deliver its first interest-rate cut this year at its September 16-17 meeting, as it moves to counter a cooling labor market even as inflation remains above target. The anticipated quarter-point reduction may not satisfy Presiden...Reuters
8 hours ago
Boeing Defense workers reject contract, strike continues
Union president says workers rejected "Boeing's half-measures"Workers assemble Boeing's fighter jets, and other military aircraft and munitionsBoeing plans to hire permanent replacements amid ongoing strikeBy Dan Catchpole Sept 12 (Reuters) - Striking workers at Boeing Defense BA....Reuters
8 hours ago
Morgan Stanley, Deutsche Bank expect three US interest rate cuts this year
By Joel Jose and Akriti Shah Sept 12 (Reuters) - Morgan Stanley and Deutsche Bank expect the U.S. Federal Reserve to deliver interest rate cuts at all its three meetings this year, following data this week showing more modest inflation pressures. The two brokerages in separate notes said o...Reuters
10 hours ago
Brazil services activity rises in line with forecasts in July
SAO PAULO, Sept 12 (Reuters) - Services activity in Brazil grew in line with expectations in July, marking a sixth consecutive monthly expansion despite a tight monetary scenario, data from the national statistics agency, IBGE, showed on Friday. The main driver of Latin America's largest...Reuters
10 hours ago
Mexican officials to speak with China on tariffs next week
MEXICO CITY, Sept 12 (Reuters) - Mexican officials are set to speak with representatives from China next week about Mexico's planned tariffs on goods from the Asian country, President Claudia Sheinbaum said on Friday, saying the tariffs were not intended as a coercion measures.Sheinbaum added th...Reuters
11 hours ago
TREASURIES-Yields rise, curve steepens, as bond market girds for Fed cut
10-year yield pares rise after University of Michigan sentiment dataYield curve steepens a bitMarket consolidates ahead of expected 25 bp Fed easing By Alden BentleyNEW YORK, Sept 12 (Reuters) - The U.S. Treasury yield curve steepened a bit on Friday as the 10-year yield rose after the previous sess...Reuters
11 hours ago
Russian central bank cautiously cuts key rate by 100 bps to 17%
Analysts had expected 200 bp cutRouble strengthens in responseCentral bank says inflationary expectations remain highCentral bank says fiscal normalisation has not materialised By Elena Fabrichnaya and Gleb Bryanski MOSCOW, Sept 12 (Reuters) - The Russian central bank cut its key interest rate b...Reuters
11 hours ago
US consumer sentiment slips again in September, University of Michigan survey says
Sept 12 (Reuters) - U.S. consumer sentiment fell for a second straight month in September as consumers saw rising risks to business conditions, the labor market and inflation.The University of Michigan's Surveys of Consumers on Friday said its Consumer Sentiment Index fell to 55.4 this month, th...Reuters
12 hours ago
BREAKINGVIEWS-Guest view: Defanged Fed faces yield curve dilemma
By Michael PedroniWASHINGTON, Sept 12 (Reuters Breakingviews) - The Federal Reserve may soon be dusting off a tool it has not used in more than 70 years: yield curve control, or YCC. If President Donald Trump and his administration unravel the central bank’s independence, markets will drive up long-...Reuters
12 hours ago
POLL-BoE to hold rates on September 18 and cut in Q4 but more economists see no move this year
reuters://realtime/verb=Open/url=cpurl://apps.cp./Apps/cb-polls?RIC=GBBOEI%3DECI BoE poll datareuters://realtime/verb=Open/url=cpurl://apps.cp./Apps/econ-polls?RIC=GBGDPQP economic poll dataBy Anant Chandak and Shaloo Shrivastava BENGALURU, Sept 12 (Reuters) - The Bank of England will keep its ke...Reuters
12 hours ago
